
Prime Minister Narendra Modi has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
"We drink Pepsi, Coca-Cola and I do not know how many similar beverages are available in the market. The trade runs into billions of rupees. I have asked the companies if they can blend 5 per cent natural fruit juice in the beverages they make," Modi said after inaugurating the country's first integrated food park here.
"I am not asking for much. If 5 per cent of juice from fruits produced by our farmers is added, the farmer will not be forced to search for a market to sell. A single decision can ensure billions of rupees of trade," he said.
According to a report by Indian Council for Research on International Economic Relations released last December, the consumption of non-alcoholic beverages is expected to increase by 16.5-19 per cent over the next three years in the country.
The report says corporate manufacturers of non-alcoholic beverages are expected to grow at an annual rate of 16.5 per cent and non-corporate manufacturers at 19 per cent.
The country's beverage market is largely unorganised, with nearly 75 per cent of the demand serviced by companies in the unorganised sector.